North America

CANADA - The Caisse de dépôt et placement du Québec is still a "solid" institution despite a C$40bn (US$34bn) loss in 2008, executives say.

CANADA - The CAN$11.7bn (US$9.6bn) Canada Post pension plan lost almost 20% during 2008, its annual report reveals.

CANADA - The Ontario Teachers' Pension Plan (OTPP) and the Ontario Municipal Employees' Retirement System (OMERS) posted significant losses through 2008, the schemes' annual reports reveal.

US - The Colorado Public Employees Retirement System has announced it will not pay bonuses to staff for 2008 results.

CANADA - Newly appointed Caisse de depot et placement du Quebec chief executive Michael Sabia received almost CAN$21m (US$16.8m) in remuneration last year as outgoing chief executive of Bell Canada Enterprises (BCE).

CANADA - The CAN$43bn (US$34.5bn) Ontario Municipal Employees' Retirement System (OMERS) has taken a majority stake in the Detroit River Tunnel in a renegotiation of terms with its partner Canadian Pacific Railway (CP).

CANADA - The CAN$108.9bn (US$86.8bn) Canada Pension Plan Investment Board (CPPIB) has made a formal offer to acquire the Macquarie Communications Infrastructure Group (MCG) in a deal worth C$1.16bn (US$0.92bn).

CANADA - Interim loans advanced to General Motors by the governments of Canada and Ontario cannot be used to shore up underfunded pension liabilities.

CANADA - The Canadian Minister of Finance has unveiled regulations to provide temporary solvency funding relief to federally regulated defined benefit pension plans.

Mercer and Callan Associates have terminated their 17 February agreement to merge their investment consulting businesses.